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Private Equity Investment: Is it Right For Your Company?
Program Code:
97
Date:
Monday, May 19, 2008
Time:
9:45 AM to 10:45 AM
EST
SPEAKER
(S):
Carson Biederman is a managing partner of The Mustang Group, a private equity firm focused on acquiring niche-leading businesses between $10 million and $200 million of revenue. Mustang is an active investor in multi-channel marketers, including The Vermont Teddy Bear Company, which Mustang took private in 2005. Carson has spent his career in private equity and investment banking, having worked at Bain Capital and Donaldson, Lufkin & Jenrette prior to co-founding Mustang in 2003.
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Mr. Rosenfeld founded Potpourri Group, Inc. in 1998, after serving as CEO of Hanover Direct, a publicly traded multi-title catalog company. Potpourri Group published three catalog titles with revenues of $30 million dollars in 1998 and currently publishes 12 titles with revenues of over $200 million. Mr. Rosenfeld transformed Hanover Direct from a private company with $15 million in revenues in 1970 to a publicly traded company with over $700 million in revenues as of 1994. He was named Direct Marketing Person of the Year in 1995 by New York Direct Marketing Day.
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Donald Steiner, Managing Partner, Webster Capital
Helen Yang joined American Capital in January 2006 in the New York office. Prior to joining American Capital, she was a Vice President at Lightyear Capital, a New York based private equity fund with $2 billion under management. At Lightyear, Helen evaluated and executed a variety of principal investments in the communications, energy, financial and business services sectors.
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Description
Private equity can be just what you need for that necessary infusion of capital to expand your existing business and fund new initiatives. This panel of experts includes both catalog/retailer executives, with firsthand experience, and private equity professionals, who will discuss:
- What circumstances are appropriate for outside capital
- The benefits of raising capital and involving new partners
- The impact of selling a minority stake versus a controlling stake
- Deal structure considerations important to both parties
- How partnerships can break down, and the ramifications
if they do